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Posted in Australia, Bridgend, Facebook, Internet, John Evans, Media, Second Life, Social Networks on October 27th, 2008
The disturbing story of the very young Australian boy feeding small zoo animals to larger ones, raises all kinds of questions and parallels.
In the past year more than 20 teenagers have hanged themselves in the area around the small borough of Bridgend in South Wales, UK. Why they did it remains unanswered and is baffling parents, police, experts and the authorities.
In America the phenomenon of high school kids shooting up their campuses, then turning the guns on themselves, probably comes from the same root cause.
The police say they were not all members of any web-based suicide cult, although a few of them may have used the chatrooms. They didn’t all know each other either, and didn’t constitute a group or gang. So what is happening here?
Bridgend is a rather nice area, surrounded by glorious countryside, including the Vale of Ogmore and Merthyr Mawr, a wild place of sand dunes and beaches. It’s also near to the upmarket Vale of Glamorgan, a wealthy patch of rolling, green hills and country pubs. There are many worse places to live.
They did all have one thing in common though. Like all modern teenagers they were immersed in social networking sites — Facebook, MySpace, Bebo, and some with the virtual world of Second Life.
Their inner space was formed by the anarchistic conversations of mainly unknown “friends” made on these addictive sites. No settled discourse this, but a 24/7 babble of wildly differing opinions, rants and life objectives, generously sprinkled with bizarre fantasies incapable of fulfilment in the real world.
And there’s the crunch — “the real world”. It really is a second life on these sites, bearing little resemblance to the day to day concerns of older people. That, of course, is their attraction.
The sites’ main competitor is “the real world”, that space of dismal state schooling; urgent demands on climate change of which we are ingenuously presented as the main cause; the breakdown of our ethical system and its replacement with social Marxism (political correctness and obsessive equality) and the bureaucratic autism of the governing class.
The world they look out on is one of cynical politicians on the make, advertisements that make them crave objects they know they don’t really need, and an adult generation that has allowed chaos to reign. The idealism of youth is quickly spent.
Add to all that, mass immigration and the introduction of cruel medieval practices, gang culture, knife crime and drug-based gun law, and the Britain they live in no longer has the moral or physical authority to demand their loyalty.
Teenagers today like nothing better than to “get wrecked” — hopelessly drunk — most nights of the week. Without boundaries to make sense of their lives, or any compelling lodestar to guide them, modern youth sinks into the apparent benign world of social networking.
The outer world gives them nothing but information-overload characterized by countless pressure groups competing for their attention with contradictory messages and injunctions. Good parents get drowned out, as do decent teachers.
Even the government is now just one voice among many, chopping and changing its empty slogans on a daily basis. Thought anarchy rules the lives of young people, an unpleasant environment for mental development to take place.
So, social networking they go. The problem is, it has a very thin actuality. Quickly they discover it hasn’t the substance to satisfy their need for experience and the challenges that promote growth of character and individuality. They are trapped in a no-man’s land between a wafer-thin second life and an unbearable jungle of squabbling claim and counter-claim in the world itself. No wonder many are taking their own lives.
Social networks can be dangerous places to be if you are immature and seeking experiences that should come from life itself.
John Evans
Posted in Ambrose Evans-Pritchard, Credit Crunch, Great Depression, Internet, John Evans, Politics, Syntagma, Syntagma Media, Technology on October 20th, 2008
What a day to have a birthday. With the world and its future darkening visibly around us, and crunch turning to munch, we’re all seemingly heading for lunch on a plate, not seated at the table.
However, amidst all that financial chaos there is some good news: Syntagma is three years old.
Three is a significant number in horse, dog and internet years. Horses get to run in the Derby, dogs are the equivalent of 21, and anything on the internet is a virtual centenarian.
When we started out 36 long months ago, this site was a pure technology and media play. It was also the cheerleader for the launch of new sites on a large sprinkling of topics. Now I write here only about politics, finance and technology, in that order of magnitude. You won’t need to ask why, discerning Reader.
Many of the old staff have moved on — those who remain have aged visibly, some even look like centenarians.
Enough of the past, it is another country as someone once said — The Shire, perhaps. If the future looks more like the Land of Mordor, I fancy we’ll glean something of value and interest from it, and certainly something to write about — whatever horrors it throws at us.
So what’s the prognosis for Syntagma’s fourth year of operations, bearing in mind it is a business as well as an online publication?
In the wider world, freight shipping is slowing at the same rate it did at the end of 1931. There are so many similarities popping up between now and the 1930s, it’s beginning to take on a distinct Tolkien shade of dark mist and distant pointy mountains.
Even Russia, with it’s massive half-trillion of cash reserves, is sliding into a downward spiral towards another bankruptcy and authoritarianism.
We ourselves on this sceptred Isle will not be spared a decade of pitiful growth, or none, as we purge the vast vaults of debt accumulated under the deceptively-stern gaze of Prudence in recent years.
As Ambrose Evans-Pritchard puts it in today’s Telegraph, “The world stole prosperity from the future for year after year, with the full collusion of governments, regulators, and central banks. Now the future has arrived.”
Well, we are still here. And we will prevail until we come out the other side like foot soldiers returning from the trenches. In internet age, I calculate we’ll be around 300.
Something to celebrate, surely?
P.S. As a contrast with today, here’s Syntagma’s first birthday piece. Read here.
John Evans
Posted in Banks, Credit Crunch, Internet, Jason Calacanis, Startups, Venture Capital, Wall Street on September 28th, 2008
So far during this Crisis we’ve been discussing the crashing of big banks and financial institutions.
Today, the collapse of flatpack furniture giant MFI in the UK illustrates that the rot has set in on Main Street too. This has a long way to go yet.
But what about startups? These are small businesses with embryo staffing arrangements, usually depending on borrowed, credit card or venture capital funds to pay the bills.
Web 2.0 star and now a venture capitalist himself, Jason Calacanis, writing in Jason’s List — an email list for bright business folk — believes that up to 80 percent of them are on the point of going bust:
It’s my believe that the economic downturn will be much worse than it is today, and that 50-80 percent of the venture-backed startups currently operating will shut down or go on life-support (i.e. 3-4 folks working on them) within the next 18 months. Make a list of every Web 2.0 startup to raise an A or B round and cross 80 percent of them off the list, because they will not make it to their next round of funding or profitability.
I know many such startups personally, particularly tech and internet businesses, and this assessment is devastating. It’s also nothing but the truth in all its stark outline.
Around six months ago, we predicted here that another dotcom bust could not be ruled out. It can’t, but there’s always hope before it happens that some features peculiar to tech startups will not be in the direct path of the storm.
The first thing to note is that the internet is a much maturer place to do business now. Many more people depend on it than back then. It’s also stuffed full of very big players indeed, companies that will ride out the crash on a large cushion of cash — Microsoft and Google, for example.
It’s the overextended startups that will splutter to a halt, fall into mothball mode, or their owners will simply walk away and do something else.
The dotcom collapse earlier in the decade had the effect of destroying the paradigm it was built on: that internet businesses didn’t need to make any money at all, just puff themselves up for an IPO on the stock market which would make the founders very rich.
It was a classic bubble that burst with an inevitability that took believers by surprise, but never fooled more experienced observers.
The problem was that entry costs, even then, were very low compared with similar bricks-and-mortar operations. The potential was obvious, but people simply went mad with the hubris of it all.
The current bursting bubble in house prices — one of the biggest asset classes out there — is apparently similar but much more infectious in that it penetrates to the very core of the financial system and affects everyone, not just a few thousand geeks who thought they had reinvented the world.
If you were involved with the online world at the start of the century you’ll know how it felt to go under with a bang. It must feel eerily similar now.
Small-to-medium businesses with no debt, some cash reserves and crucially no need for further rounds of funding — like Syntagma Media — will survive, if they play their cards right. The danger is that their server companies won’t and they find themselves suddenly cut off.
This Crisis will affect everyone in different ways. It would be a prudent move to assess any business’s configuration to determine its weak points. That could save their skin.
Posted in Advertising, Blog Network, Blogging, Blognation, Blogosphere, Business, Internet on August 1st, 2008
Another week, another blog network wraps itself up. This time it’s the business network, Know More Media, which was particularly hard hit by Google’s ranking penalties.
Like BlogNation, a UK-based outfit, they simply ran out of money. I can think of many others that suffered the same fate, but will spare you the litany.
Even the few networks that professionalized themselves by raising VC funding and bringing in experienced managers, are finding the going tough right now. Earlier predictions of another dotcom bust are not off the table yet.
I’ve written many pieces here over the past three years on the choices faced by network owners and the chances of success. Most warned of this present crisis. As a result, Syntagma was ahead of the pack in diversifying into specialist information products on subscription terms. We have not yet felt the full force of the U.S. recession-in-progress.
The coming steep downturn in the UK will have minimum effect on us, except if the pound sterling falls relative to the dollar, in which case we will see our income rise on a windfall.
In America, the startup industry is losing momentum fast, although there’s no shortage of brave souls willing to chance more than their arms.
So, what’s to be done if you have invested heavily in an internet business, whether content or blogging-based or not?
The answer is to spot the second bounce of the ball.
As the economies eventually begin to turn around and a slow recovery takes place, most people will be looking out for “little green shoots” to signify a return to economic growth. In the early 1990s those shoots were a long time coming, and when they did, they grew slowly like hardwood trees, not the swift pines we were hoping for. I suspect the little shoots will keep us waiting even longer this time.
Green shoots may be interesting, but watching for the second bounce of the ball is usually more profitable. If the first bounce online for many of us was mass publishing technologies, what could the second be?
Providing content on your own platform as both writer and publisher makes sense because it cuts costs. Hiring other writers to do it for you made sense three years ago, but with advertisers shunning small-to-medium operations it’s probably easier to flip burgers.
Now we need a second bounce to reflate the whole business of working successfully online.
Forget social media. Maggie Jackson’s book Distracted: The Erosion Of Attention And The Coming Dark Age highlights the price we pay — including actual brain damage — for standard multi-tasking and trying to keep abreast of the information space.
As in my own book on the subject, Mediate Yourself, this is now becoming a common theme whose time is about to come. Finding ways not just of sifting and processing information but relating it to people’s essential requirements is a major path forward. Limiting individuals’ needs to interact with screens is probably more relevant still.
Simplifying the lives of knowledge workers is the big leap forward that will take us to the next level.
So far technology and software have complicated human life immeasurably. The constant pressure to upgrade and learn new tricks is mind-mashingly painful for most people — hence the brain damage.
The truth is, there may be no single second bounce this time, but a series of mini-bounces, with no one golden goose presenting itself for carving.
At Syntagma, we have our eyes on a variety of possibilities. To use a rugby term, all it needs is for someone to pick up a ball and run with it. As I write, there are not many runners out there.
Oh well, I’ll just have to do it myself, I suppose.
Posted in Blogging, Blogosphere, Dave Winer, Internet, Jason Calacanis, Mahalo on July 15th, 2008
“It’s with a heavy heart, and much consideration, that today I would like to announce my retirement from blogging.”
Jason McCabe Calacanis
Hold the front page? Well, yes, maybe — at least of the Silicon Alley Reporter, the U.S. trade magazine he founded.
Jason Calacanis is more widely known as the man who sold a network of blogs for around $30m to AOL a few years back. He is one of Web 2.0′s highest flyers in the sense that he turned big thoughts into big bucks. He now runs his own hand-rolled search engine, Mahalo.
His resignation “post” (as purists still call them) is worthy of Victorian melodrama, leading to charges of link-baiting — a common way of driving traffic to blogs. Naturally, he denies this, claiming never to have soiled his hands with such practices. Perish the thought.
He will, he says, replace his blogging activities with a private email list comprising roughly 1000 subscribers, all drawn from a group he calls “insiders”. These are intelligent, tech and business types of the kind most often found in Silicon Valley, California. So if you’re an Albanian circus performer with limited English, don’t bother to apply.
Why this move, and why now? Obvious answers include:
1. blogging has had its day.
2. attention spans are getting shorter, hence Twitter.
3. good bloggers often work as hard as journalists for little pay.
4. blogging has failed to build a reputation for quality.
5. spam comments have brought the system to its knees.
6. blog comments have let in demons from the outer darkness.
And there are many more reasons than those.
For good writers with something original to say, blogging has become a downward-leveller, rather than an enabler, as originally intended by weblog pioneers like Dave Winer. If you are a serious blogger, most readers will assume your opinions are prejudices, and ranting your principal method of communication. Otherwise, why don’t you write for The Guardian or Scientific American?
Commenters will lead you to believe the worst of the human race, which is why the traffic lights at the top of this site read “Comments OFF, Email ON.” Signs like this are becoming more prevalent around the “blogosphere” as people start to audit their return on capital from blogging.
The email list system is more like a private forum in which selected subscribers discuss topics in a “thread,” in this case the leader of the group’s weekly email. As a method of publishing to a coterie of like-minded individuals who are able to develop the arguments and refine them in a civilized fashion, the list has much to commend it. It’s also very cheap — no paper, printing and postage costs, or time-overhead batting away the daft, stupid, nasty and positively evil intruders.
For an author writing a nonfiction book with closely-argued chapters, it would be an excellent way of fact-checking the material and the logic of its presentation bit by bit, without having to submit it to academic specialists for verification before publishing.
In Jason Calacanis’s case, I would suspect he just wants to express himself in writing without all the hassle from trolls and oddballs.
In the end, the wisdom of crowds is no such thing because the most reckless, outspoken elements inevitably rise to leadership positions, drowning out more measured voices.
Meritocracy — the spirit of excellence, with decisions taken at points of maximum competence — always needs nurturing in cell-like establishments.
Let’s face it, the world is too big for any one individual to make much of an impact without vast wealth or political power. The blogosphere has become so enormous, comprised of multitudes of tiny, discrete pieces that it takes on the laws of quantum physics rather than the world of direct contact with our peers that humans crave.
There’s no worse tragedy than to have communicated widely for years only to discover that the throng out there still doesn’t know what you’ve been talking about.
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